Aied Abdulatif Acquires Restaurant In Camarillo From Jesse Ching For $3.15M
4426 Central Avenue
$3,150,000
$366/SF
Building Size
8,600 SF
Asset Type
Retail
Closing
Jan 16, 2026
AI
The property involved in the transaction is an 8,600 square foot retail asset located at 4426 Central Avenue in Camarillo, California. The sale price for this property was $3,150,000, translating to a price per square foot of $366. The asset was previously utilized as an owner-user restaurant and is situated in a prime location between the Fairfield Inn & Suites by Marriott and the Holiday Inn Express & Suites, benefiting from visibility along the 101 Freeway.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,150,000
- Size: 8,600 SF
- Price Per Square Foot: $366
- Buyer: Aied Abdulatif
- Seller: Jesse Ching
- Seller's Representatives: Orbell Ovaness, Ara Rostamian & Tracy Grair - Marcus & Millichap
- Sale Date: 01/16/2026
- Market: Camarillo
The Ovaness Rostamian Group facilitated the successful closing of this transaction, having navigated a complex SBA financing process that encountered delays due to a government shutdown. The team generated multiple offers and identified the most qualified buyer, guiding them through a challenging escrow that lasted from August 5th to January 16th. This sale reflects the group's commitment to persistence and collaboration within the framework of the Marcus & Millichap platform.
Players
Camarillo Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93